NOT LISTED FOR SALE

217 NE 55th St Oak Island, NC 28465

Estimated Value: $757,000 - $826,000

3 Beds
2 Baths
1,518 Sq Ft
$523/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $789,500 $520 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,542/month

19 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Fenced Yard
  • No HOA
  • Covered Patio or Porch
  • Balcony

About This Home

As of May 2023

2021 Isenhour built 3 bedroom, 2 bath raised piling beach home. 1518 square feet on the main level. Exterior raised tower with metal roof over the kitchen area. Accent board and batten composite siding. The kitchen is a showplace with lots of natural light, upgraded quartz counters, upgraded backsplash tiles, stainless steel appliances with a gas range, and a dramatic 14' high ceiling. Stunning 7'' wide hickory LVP floors throughout all common areas and bedrooms. The great room has a raised coffered ceiling with wood inlays. The great room and dining area have bead and batten wall trim. Both baths have upgraded quartz counters, and upgraded tiled walls. Light filled large Owners bedroom has six windows. Owners bath has dual vanities. Large screened in rear porch, plus a large covered front porch. Elevator shaft was built into the home. Lower level was expanded and is now a completely finished 300 square foot guest area or rental with its own entrance. Lower level has a full bath with tiled shower, separate mini-split HVAC system, LVP flooring, and room for a sleeper sofa or murphy bed. Outside has 6' high privacy fencing enclosing the backyard, and upgraded landscaping. Plenty of room to add a street legal cart storage area on either side under the house. This 55th Street location is in the best area on Oak Island. Easy stroll or cart ride to the beach. Centrally located to restaurants and shopping within a few blocks of this home. Lower level is not included in the square footage, but is 300 square feet of fully conditioned space that could generate up to $10k of rental income. Furnishings are negotiable.

Last Agent to Sell the Property

John Dorazio

RE/MAX Southern Coast License #278540 Listed on: 03/22/2023

RE/MAX Southern Coast

Last Buyer's Agent

Jade Litcher

Homeworx Realty License #260125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 2021

Lot Details

  • 1,518 Sq Ft Lot
  • Lot Dimensions are 55 x 120
  • Fenced Yard
  • Wood Fence
  • Sprinkler System

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 236pn02701

Community Details

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Park

Additional Features

  • No Home Owners Association
  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2021
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Ceiling Fan(s), In-Law Quarters, Security System, Smoke Detectors, Sprinkler System, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 523.65
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1518.00
  • Total Heated Primary Separate Sq Ft: 1518.00
  • Estimated Below Grade Sq Ft: 300.00
  • Furnished: Negotiable

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Shutters - Board/Hurricane, Storm Windows, Thermal Doors, Thermal Windows
  • Exterior Finish: Composition, Fiber Cement
  • Fencing: Back Yard, Privacy, Wood
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Covered, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle, Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Concrete, Covered, Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Disposal, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Beach Access, Park, Pickleball, Picnic Area, Playground, Street Lights, Tennis Court(s), Trash

Condo/Co-op/Association

  • Unit Type: 3 Bedroom

Lot Info

  • Deed Book: 4637
  • Deed Page: 153.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55 x 120
  • Lot Sq Ft: 1518.00
  • Plat Book: 5
  • Plat Page: 49
  • Zoning: R

Tax Info

  • Tax Identifier: 236pn02701
  • Tax Year: 2022

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 16, 2023
Sold by
Morgan Dennis Adam and Morgan Julie Powell
Bought by
Mcpeak Mark A and Mcpeak Diana L
Seller's Agent
John Dorazio
RE/MAX Southern Coast
Buyer's Agent
Jade Litcher
Homeworx Realty
List Price
$794,900
Sold Price
$789,500
Premium/Discount to List
-$5,400
-0.68%
Views
2
Current Estimated Value
$793,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,143
Avg. Annual Appreciation
0.65%
Original Mortgage
$710,550
Outstanding Balance
$689,987
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$111,132

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 7, 2021
Sold by
Isenhour Homes Llc
Bought by
Morgan Dennis Adam and Morgan Julie Powell
Seller's Agent
Scott Isenhour
Isenhour Realty LLC.
Buyer's Agent
John Dorazio
RE/MAX Southern Coast
List Price
$499,900
Sold Price
$515,492
Premium/Discount to List
$15,592
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.57%
Original Mortgage
$449,900
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcpeak Mark A $789,500 None Listed On Document
Morgan Dennis Adam $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpeak Mark A $710,550
Previous Owner Morgan Dennis Adam $449,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $789,500 -0.7% $520 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $794,900 +54.2% $524 / Sq Ft
06/08/2021 06/08/21 Sold $515,492 +3.1% $340 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $499,900 +524.9% $329 / Sq Ft
08/19/2020 08/19/20 Sold $80,000 -5.8% --
07/24/2020 07/24/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $84,900 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,604 $629,250 $165,000 $464,250
2023 $1,838 $629,250 $165,000 $464,250
2022 $1,838 $315,770 $63,000 $252,770
2021 $346 $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100375557

Hive MLS

APN: 236PN02701